Mumbai, Jan. 30 -- The domestic equity indices traded with minor gains in the early afternoon trade as investors assessed the U.S. Federal Reserve's decision to keep interest rates unchanged at 4.25-4.5%. Market participants are closely awaiting the Union Budget 2025, with expectations for growth-supportive initiatives that strike a balance with fiscal discipline. The Nifty traded above the 23,250 mark. Pharma shares extended gains for two consecutive trading sessions. Trading was volatile due to the monthly Nifty 50 F&O series expiry today.

At 12:30 IST, the barometer index, the S&P BSE Sensex, rallied 272.49 points or 0.35% to 76,808.15. The Nifty 50 index added 111.50 points or 0.48% to 23,274.60.

The broader market outperformed the ...